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8/4/2019 Export Meaning, Significance and Methods in India
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PRESENTED BY:PRINCY
ROLL NO .38
8/4/2019 Export Meaning, Significance and Methods in India
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Export promotion is an international effort by the
Govt.& related organization so as to promote trade by
means of improvement in export quantity, export
procedure, assistance & so on.
Basically it’s a deliberate objective attempt to enhance
export through its focus change with market
competitiveness.
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More GDP growth. Increase foreign reserves
Decrease unemployment
Increase per capita income
More trade
More income to growth High rate of capital formation
More brand value to country
Higher incentives to exporters
More self dependency Tech advancement
Better product Better usage of natural resources
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IMPORT FACILITIES FOR EXPORTERS:
a) Advance license:
• An advance lisence is issued to allow duty free
importsof inputs which are physically incorporated inthe export product.
• In additionfuel, oil, energy,catalysts, etc., which are
consumed in the course of their use to obtain the
export product, may also be allowed
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b) Duty free replenishment certificate:• It is issued to a merchant exporter or manufacturer exporter for the
imports of inputs used in manufacture of goods without payment of basic custom duty.
• It is issued on minimum value of addition of 25% except for items ingems and jewellery .
c)Export promotion capital goods scheme:
• It was introduced by the EXIM policy of 1992-97 in order to enablemanufacturer exporter to import machinery and other capital goodsfor export production at concessional or no custom duties at all.
•
This facility is subject to export obligation, i.e., the expoter isrequiredto guarantee exports of certain minimum value, which is inmultiple of the value of capital goods imported.
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Office of the Development Commissioner forHandlooms was set up as an attached non-participatingoffice on 20th November, 1975 under the Ministry of Commerce .
At present it is functioning under the Ministry of
Textiles. The Office of the Development Commissionerfor Handlooms is headed by an Officer of JointSecretary level having its Headquarters at UdyogBhawan, New Delhi.
25 Weavers’ Service Centres in 20 States are
functioning under the administrative control of Office of the Development Commissioner for Handlooms as FieldUnits to look after the needs of the handloom weaverslike their skill up gradation, design development etc.
8/4/2019 Export Meaning, Significance and Methods in India
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Five Indian Institutes of Handloom Technology situated infive States are functioning to conduct Diploma in HandloomTechnology and Post Diploma in Textile Chemistry to cater tothe needs of Textile Sector.
Further, Office of Development Commissioner for
Handlooms has one Chief Enforcement Office underit, with its regional offices at Chennai and Ahmedabad toprotect handloom sector from the clutches of the powerloomsector through the implementation of Handlooms (Reservation of articles for production) Act, 1985.
The Office of the National Handloom Development
Corporation, Lucknow is functioning under theChairmanship of DC(HL) basically to provide input supportthrough procurement and distribution of yarn, Dyes,Chemicals and marketing of handloom fabrics.
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I:\Organization set up of Office of theDevelopment Commissioner forHandlooms.docx